TeleMasters CEO Jaco Voigt
JSE-listed telecommunications specialist TeleMasters Holdings has snapped up three companies in the past two weeks in an effort to broaden its scope and enhance shareholder value.
Following an announcement last week that it had acquired a 25% stake in data centre specialist ConexLink, the company has now acquired 100% of networking systems integrator PerfectWorx Consulting and 100% of wholesale voice platform provider Contineo Virtual Communications, pending regulatory approval.
TeleMasters is increasing its focus on both shareholder and customer value, so we are growing our portfolio into high-demand sectors
PerfectWorx Consulting, launched in 2007, is a networking systems integrator.
“The company’s wholesale voice platform is enjoying solid growth, and supports a new flagship unified communications offering expected to see strong uptake amid the pivot to remote work,” TeleMasters said about Contineo.
“In line with a changing local and global market, TeleMasters has evolved beyond its initial focus on voice communications, into a broader ICT, infrastructure, cloud and data centre provider.”
